Palestinian Territory Real GDP Growth

2011 - 2020 | Quarterly | % | CEIC Data

The Gross Domestic Product (GDP) in State of Palestine (West Bank and Gaza) contracted 4.9 % YoY in Mar 2020, following a growth of 2.6 % in the previous quarter. Real GDP Growth YoY data in State of Palestine (West Bank and Gaza) is updated quarterly, available from Jun 2011 to Mar 2020, with an average rate of -0.1 %. The data reached an all-time high of 8.8 % in Dec 2014 and a record low of -11.2 % in Sep 2014. CEIC calculates quarterly Real GDP Growth from quarterly Real GDP. The Palestinian Central Bureau of Statistics provides Real GDP in USD, at 2015 prices.

In the latest reports, Nominal GDP of State of Palestine (West Bank and Gaza) reached 4.2 USD bn in Mar 2020. Its GDP deflator (implicit price deflator) increased 5.7 % in Mar 2020. GDP Per Capita in State of Palestine (West Bank and Gaza) reached 3,640.1 USD in Dec 2019. Its Gross Savings Rate was measured at 14.7 % in Mar 2020.

View Palestinian Territory's Real GDP Growth from Jun 2011 to Mar 2020 in the chart:

Palestinian Territory Real GDP Growth

What was Palestinian Territory's Real GDP Growth in Mar 2020?

Last Previous Min Max Unit Frequency Range
-4.9 Mar 2020 2.6 Dec 2019 -11.2 Sep 2014 8.8 Dec 2014 % quarterly Jun 2011 - Mar 2020

Real GDP Growth by Country Comparison

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Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) -11.0 Jun 2020 quarterly Mar 2010 - Jun 2020
Algeria (%) -3.9 Mar 2020 quarterly Mar 2012 - Mar 2020
Argentina (%) -19.8 Jun 2020 quarterly Mar 2005 - Jun 2020
Armenia (%) -9.1 Sep 2020 quarterly Mar 2001 - Sep 2020
Australia (%) -6.3 Jun 2020 quarterly Sep 1960 - Jun 2020
Austria (%) -14.5 Jun 2020 quarterly Mar 1989 - Jun 2020
Azerbaijan (%) 0.2 Mar 2020 quarterly Mar 2001 - Mar 2020
Bahrain (%) -8.9 Jun 2020 quarterly Mar 2009 - Jun 2020
Bangladesh (%) 5.2 2020 yearly 2007 - 2020
Belarus (%) -3.3 Jun 2020 quarterly Mar 2006 - Jun 2020

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Palestinian Territory Key Series

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Includes 95 key indicators for Palestinian Territory, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -2.3 2019 yearly 2010 - 2019
Consolidated Fiscal Balance (USD mn) -384.400 2019 yearly 2010 - 2019
Tax Revenue (USD mn) 3,251.600 2019 yearly 2010 - 2019
Tax Revenue: % of GDP (%) 19.1 2019 yearly 2005 - 2019
Government Debt: % of GDP (%) 68.3 Mar 2020 quarterly Dec 2010 - Mar 2020

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